This year was supposed to be a stellar one for Bitcoin. Donald Trump promised to make America the crypto capital of the world, Congress passed crypto-friendly legislation, crypto treasuries expanded rapidly, investors added digital assets to their portfolios en masse, and the flow of money into crypto ETFs continued unabated. BTC/USD bulls were mocking gold traders, believing BTC would easily surpass bullion. However, there is always a but in this imperfect world. A 30% drop in Bitcoin from record highs was driven by increased supply amid declining demand. According to CryptoQuant, whales dumped about 815,000 tokens ... (full story)